Tax Cuts and Jobs Act - Quick Review Individual Tax Reforms Updated for 2019
Credit Hours: 1
Requires Prerequisites or Advanced Preparation: No
Delivery Method: PDF
Instructor: Andrew Clark, EA.
The Tax Cuts and Jobs Act of 2018 was a significant change to the US tax code. The Tax Cuts and Jobs Act is organized into four primary sections of: Individual Tax Reform, Business Tax Reform, Exempt Organizations and International provisions. This is an updated course for 2019 that will provide a quick review of the Individual Tax Reforms section of the Tax Cuts and Jobs Act Bill (H.R.1.) and it also includes the provisions that have changed for 2019. This course will provide a summary description of the Individual Tax Reforms referenced in the Tax Cuts and Jobs Act. It will identify which sections changed for 2018 and which were updated for 2019.
This course will cover the following topics:
- Review the Individual Tax Reform provisions and identify which sections changed for 2018 and which were updated for 2019
- Recognize the tax rate changes for the four types of individual taxpayers
- Recognize the new standard deduction amounts for the four types of individual taxpayers
- Identify the effective date for all individual tax provisions in the Tax Cuts and Jobs Act